In the major daylight heist on February 9, the Mannappuram gold loan branch at New Railway road was targeted by a gang of armed robbers who overpowered the security guard on duty and physically assaulted the branch staff before decamping with the gold.
Three persons were arrested from Farukhnagar area in Gurgaon while one accused was arrested in Ahmedabad by a Special Investigation Team, Gurgaon Police Commissioner, Sandeep Khirwar said.
As many as 829 pouches of gold weighing over 30 kg were recovered from their possession along with two pistols and four rounds of ammunition.
Police teams are looking for their absconding associates, Khirwar said.
The police teams accessed the CCTV footage of the crime yesterday after contacting the Mannappuram gold loan head office in Kerala.
Posing as customers, seven persons had entered the branch at around 11.30 AM and held hostage four employees, including a woman and two guards, besides a few customers.
The accused had also attacked a guard and a customer who have been admitted to a hospital with multiple stab wounds and are undergoing treatment.
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